Proceeding contribution from David Nuttall (Conservative) in the House of Commons on Friday, 1 April 2011. It occurred during Debate on bill on Coinage (Measurement) Bill.
Coinage (Measurement) Bill
In that case the amount from the silver coins would be more than doubled, and there are more of them as well. Let me turn to the size. On Second Reading I mentioned my disappointment that the coins were to be minted in kilograms, and suggested that they be minted in a multiple of a troy ounce. It was said that the coins are for the international market. If the object of the enterprise is to raise as much money as possible for the Treasury, the coins might be worth even more—with more collectors for them, raising even more money for the Treasury—if they are minted as a multiple of a troy ounce, because of their rarity on the international market. Mention has been made of the suggestion made in Committee that the coin should perhaps bear an image of my hon. Friend in an athletic pose. He has been very modest today, because he has not mentioned the fact that, as he told the Committee, on the weekend before it sat he did his combat fitness test for the Army, running 8 miles while carrying 25 kg on his back. That is no mean feat, and I am not sure that many of us in the Chamber this morning could do that.
Secondary information
- Type
- Proceeding contribution
- Reference
- 526 c651
- Session
- 2010-12
- Chamber / Committee
- House of Commons chamber
- Subjects
- Coinage Measurement Standards Royal Mint Olympic Games 2012
- Legislation
- Coinage (Measurement) Bill 2010-12
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- 2023-12-15 15:49:31 +0000
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- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_733442
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